More than 125,000 retail jobs axed so far this year

closed stores high street

Nearly 15,700 retail jobs have been lost each month since beginning of the year as coronavirus and enforced store hibernations deal ‘hammer blow’ to the sector.

So far in 2020, 125,515 jobs have been lost across the retail sector while 13,867 stores have been shuttered, according to the Centre for Retail Research.

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